Investors with more than 2.6 billion birr capital are going to start coffee and tea leaf production in the Jimma Special Economic Zone, according to the Industrial Parks Corporation of Ethiopia (IPDC).
The Corporation discussed this progress in a social media post after the discussion between the CEO of IPDC Mr. Fesseha Yitagesu and the head of the Jimma Zone of Oromia region, Mr. Tijani Nasser, in Jimma town. The two officials also visited coffee and tea plantations and nurseries cultivated in clusters in Mana woreda of Jimma Zone.
On the occasion, Mr. Fisseha said investors who process and export coffee are in the process of entering the special economic zone, emphasizing that this will create sustainable market linkages for the farmers in the Jimana area.
The fact that companies engaged in the sector entering the Jimma SEZ will stimulate investment within this special economic zone and encourage more investments to come into operation.
For his part, Mr. Tijani Nasser mentioned that the special economic zone is a great blessing for the local farmers engaged in coffee and tea cultivation.
Akshay Jay Oil, an Indian company engaged in avocado oil extraction in the special economic zone and supplies it to the American market, is an example of this, he said. Mr. Tijani pointed out that the company has created a sustainable market connection for more than 10 thousand farmers.
Commending the corporation’s encouraging efforts in motivating investors to engage in coffee and tea production in Jimma SEZ, Tijani assured his administration’s support and follow-up to investors.
More than 2 thousand sustainable jobs will be created when the aforementioned companies go fully operational in Jimma SEZ.
Source: FBC
